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ខ្មែរ 
Concessional Loan Agreement for Ring Road No.3 Signed
- 20 July 2018
Ring road 3 map The Ministry of Economy and Finance (MEF) has signed a concessional loan agreement with China funded bank Export-Import Bank of China (EXIM Bank of China) for the construction of the Ring Road No.3 project worth US$259 million, according to Fresh News. According to the same source, the Ring Road No. 3 is a four-lane road with the total length of 47.6 km connecting Cambodia's ...
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Construction of New Cargo Terminal in the Pipeline
- 19 July 2018
Phnom Penh International Airport / Photo: Vinci With the value of the international trade in goods on the rise along with demand for air cargo services, Cambodia Airports has revealed future plans to construct another cargo terminal in Phnom Penh International Airport in order to provide efficient cargo handling services. Mr.Khek Norinda, the communications and PR director for Cambodia Airpo...
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Sales Launched for Kandal Province Affordable Housing Project
- 19 July 2018
Borey Monorom Preaek Ta Teaen B&BM Development Co, Ltd launched official sales for their affordable housing project Borey Sen Monorom in Kandal province on 12 July. Located along National Road No. 5 (22km from Wat Phnom) in Preaek Ta Teaen Commune of Kandal province, the project comprises of more than 5,000 housing units which are being built on approximately 82 hectares of land. The pro...
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Experts Predict Real Estate Sector Growth After July Election
- 18 July 2018
Real estate experts foresee a significant rise in the property sector after the 29 July National Election based on the assumption that for the past six months prior to the vote many investors prefer to await the outcome. According to a survey conducted by Key Real Estate Co., Ltd, land prices in Phnom Penh saw a slight increase in H1 2018 compared to H2 2017. Duan Penh, 7 Makara, Chamkarmorn, a...
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Construction to Start on New Siem Reap International Airport After Election
- 16 July 2018
Photo: Archetype / Siem Reap International Airport Construction on the new Siem Reap International Airport will take place after the 29 July election, according to state-run news agency Agence Kampuchea Presse. On 13 July, Siem Reap Governor H.E. Khim Bunsong met with representatives from Angkor International Airport Investment (Cambodia) Co., Ltd, the company contracted to build the new air...
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Chip Mong Breaks Ground on Sen Sok Community Mall
- 16 July 2018
Chip Mong Retail, one of the Chip Mong Group’s newest business subsidiaries, held a groundbreaking ceremony on 12 July for its Sen Sok Mall, a community mall in the fast-growing district of Sen Sok. Located on a prime location along Oknha Mong Rithy Blvd and right in front of The Parkland Sen Sok, the Chip Mong Sen Sok Mall covers the total area of 40,000 square metres, and will offer a mix of ...
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Prek Pnov to Become the New Property Hotspot
- 13 July 2018
Prek Pnov District Prek Pnov District, a suburburn area in the north west of Phnom Penh has recently become more popular and has attracted small and medium scale land buyers as the city continues expanding. The latest survey by Key Real Estate Co., Ltd shows that during the first half of 2018, the land prices in Prek Pnov are saw a significant increase compared to H2 of 2017. The land price ...
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Third Coal Power Plant in Sihanoukville to Start Construction Next Year
- 12 July 2018
Sample photo by Wikimedia The Cambodian government has given the green light tothe construction plansfor a two-unit coal-fired power plant in Sihanoukville Province worth more than US$1 billion, according to H.E. Victor Jona, Director General of the General Department of Energy for the Ministry of Mines and Energy (MME). In a phone interview with Construction & Property Magazineon 11 Jul...
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Green Singapore Tower Wins Ctbuh Award
- 12 July 2018
The Oasia Hotel in Singapore The Oasia Hotel in Singapore, a green tower with 54 different kinds of climbing plants, has been named as the best tall building of the year by the Council of Tall Buildings and Urban Habitat (CTBUH). Antony Wood, the director of CTBUH, commented: “This project won not only because it incorporates 60 storeys of green walls along the exterior, but because of its s...
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Cambodia and Thailand Close to Railway Transportation Agreement
- 11 July 2018
Sample photo by Railway Transportation Cambodia and Thailand are near to reaching a bilateral agreement on the "Railway Transportation Agreement" following a recent meeting between the two countries. Last week, Cambodia Minister for Public Works and Transport (MPWT) H.E Sun Chanthol and his counterpart ArkhomTermpittayapaisith met to finalise the draft agreement on the cooperation to transpo...
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Sun & Moon Launches Second Luxury Hotel in Capital
- 10 July 2018
SUN & MOON, Urban Hotel A luxury four-star hotel, the “SUN & MOON, The Light” has begun construction and is expected to be finished by the end of 2019, bringing a whole new lifestyle for its customer, according to the press release. A well-known hospitality company, SUN & MOON Company Limited has officially announced the construction of its new 126-key hotel covering a total area...
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Refurbishment of Chroy Changwar Bridge Set to Finish Before Schedule
- 9 July 2018
The renovation of Cambodia-Japan Friendship Bridge in Chroy Changva is set to finish before schedule, according to Mr Chhim Phalla, Director of the Department of Roads for the Ministry of Public Works and Transport (MPWT). Speaking with the Ministry of Information, Mr Phalla said that the project is 48% complete and it will finish before Khmer New Year in April, two months ahead of the set sche...
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